The financial performance of Claddagh Motel in Rockport, Maine is so strong, the owners are obviously doing things right. They've seen a steady increase in the past several years: up 6% from 2011 to 2012, 16% increase from 2012 to 2013 and then another 15% from 2013 to 2014. 2014 has been their best year ever. The cash flow here is among the best I've seen of anything in its price range, particularly for a seasonal business! Contact me for more details and check out the full listing on my website.
Sunday, November 23, 2014
Thursday, November 13, 2014
Just a few miles from Camden and Lincolnville Beach, Abbington's had previously been offered at $299,000 PLUS $75,000 for the two vacant lots. Now the vacant lots are included in the list price of $299,000! The two parcels are shown below (not to scale) and serve as a buffer between the adjacent properties. Units can be added subject to septic design, setbacks and town approval. More details are on my website.